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· 3hMarkets rise as US and China agree to slash tariffs
The US and China have agreed a deal that will significantly cut the import tariffs they have imposed on each other, in a major de-escalation of their trade war. US Treasury Secretary Scott Bessent said both countries would lower their reciprocal tariffs by 115% for 90 days.
Austan D. Goolsbee, president of the Chicago Fed, said there was still a risk of higher consumer prices and slower growth ...
Fed Governor Adriana Kugler still thinks the economy is likely headed for lower growth and sticky inflation amid tariff ...
The relationship reset steers the U.S. economy back on a more familiar path as the major consumer of goods as economists ...
President Donald Trump's announcement that the U.S. and China will temporarily lower tariffs while they negotiate a new trade ...
President Donald Trump’s shock-and-awe tariff approach threatened to rupture global financial system and drive the US economy ...
A deal with China is a relief to investors who worried 145% tariffs would severely limit trade, raise prices and hurt the US ...
The Trump administration declared victory in a trade war with China Monday after a temporary economic ceasefire that sent the ...
The Trump administration says it intends to develop a 'mechanism' that will 'rebalance' the U.S. trade relationship with ...
While the White House backed off from its steepest levies on Chinese goods, economists say it’s still too early to declare the US economy is out of danger altogether. Recession risks remain, even if ...
The U.S. agreed to cut tariffs on Chinese goods from 145% to 30%, while China committed to reduce tariffs on U.S. products ...
Former Trump advisor Stephen Moore said the market rebound that came as China and the U.S. agreed to a 90-day pause on ...
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